At some point in the future, you will separate from federal service. After you separate you will be able to withdraw money from your Thrift Savings Plan account. The TSP doesn’t care why you separated, it might be due to retirement, or you may choose to resign prior to becoming eligible for retirement. Regardless of […]
The Fed just hiked interest rates by 0.75% for the 4th straight time — escalating fears of a global recession. But here’s why soon-to-be retirees shouldn’t panic The Fed just hiked interest rates by 0.75% for the 4th straight time — escalating fears of a global recession. But here’s why soon-to-be retirees shouldn’t panic The […]
All three stock-based TSP funds posted strong gains in October, led by the small company stock S fund, up 8.59 percent and followed by an 8.1 percent gain in the large company stock C fund and a 5.98 percent gain in the international stock I fund. Despite the gains, those funds still are down year-to-date […]
Federal employees can lose FEHB coverage in retirement unless they meet certain criteria. Yep, you heard right. Not everyone can keep FEHB (your federal health insurance) into retirement. Eligibility to Keep FEHB Into Retirement There are two big criteria that you have to meet to keep FEHB into retirement. You must: • Retire with an […]
The U.S. Securities and Exchange Commission (SEC) and the Federal Retirement Thrift Investment Board present “Your TSP Account – What to Think About When Nearing Retirement or Considering Leaving the Government”: https://www.sec.gov/video/live/tsp-sec-federal-employees-considering-retirement-2022.htm This program was produced during World Investor Week and is intended for federal employees and members of the uniformed services, and is designed […]